$BTC New High, Surpassing 80,000, Don't Get Too Overexcited, Be Careful of Pullbacks, Pay Attention to These Levels:
【Today's Market Analysis-BTC-11.11】
For technical analysis learning purposes only, not as investment opening advice. Profit and loss are at your own risk.
1. Daily: Finally, the bull has returned, but this is just the beginning. Until it reaches 100,000, don't talk about a big bull. Of course, don't get overly excited and trade randomly. In the short term, support is at 80,500 and 79,000, currently the upper limit is 814, and prices will consolidate around 81X. If there continues to be selling pressure providing liquidity, prices may consolidate and then continue to rise. Extreme support is at 74.
2. 4H: Continuing with a top divergence, 80,000 is a milestone new high, beware of pullbacks within the week. Prices will pull back near 80,000.
3. 15Min: Currently, trading volume is low, and we are in consolidation. If a large bullish candle appears, and the trading volume is not high, it indicates a pullback.
Intraday Trading Strategy: Do not short in a bull market!!! Buy the pullbacks.
